Are You Plagued by the Serial Get-Out-of-Debt Disorder?

Michelle Singletary from the Washington Post wrote a great piece about people who constantly cycle through debt and regret. It’s worth a read here.

“Here is how you can tell if you have this disorder:

— You stay in debt, mostly with credit cards. But it could also include personal loans or frequent borrowing from your retirement plan.

— You are rarely without a car loan. You repeatedly trade in your car for an upgrade because you feel entitled. Or because you’re tired of fixing your car even though the repairs are still far less expensive than buying another vehicle — new or used.